InvestorsHub Logo
Followers 8
Posts 869
Boards Moderated 0
Alias Born 11/17/2014

Re: RealDutch post# 148232

Wednesday, 10/31/2018 12:22:58 PM

Wednesday, October 31, 2018 12:22:58 PM

Post# of 163716
The strength on OTC could be coming from U.S. hedge funds (or other U.S. investors) accumulating a position.

RD, in cases where there are different ex-dates on different exchanges it is usually with ADS or ADR stocks like the example you provided with Statoil. If there were two different ex-dates they would need to tell us like Statoil did. On top of that the company specifically told us the Record Date is Oct. 31st which means because of T+2, you would need to own your shares on Monday to be considered a shareholder on record on Oct. 31st and thus qualify for the distribution, making Tuesday the ex-date. Then on Tuesday they told us the ex-date is Tuesday..You are trying very hard to not admit that you might actually be incorrect. Here is a quote from the announcement on Tuesday. Nowhere does it say only shares traded on Oslo ex-right to receive shares in Tri-way, it says "Shares".

Shares trade ex right to receive shares in Tri-Way Industries today.

Reference is made to the announcement made by Sino Agro Food Inc. (“SIAF” or the “Company”) on 8 October 2018 regarding the distribution of shares in Tri-Way Industries (the “Distribution Shares”) to shareholders of record 31 October 2018 (the “Record Date”). The shares in the Company will trade exclusive of the right to receive Distribution Shares today, 30 October 2018.



I know no one can ever change your mind so please don't reply because I've read your argument. I am just posting so others can also see another point of view that differs greatly from yours. They can make their own mind up, just want them to have the info since there has been quite a bit of misinformation being posted on the board here either intentionally or unintentionally.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.